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Objective : Reliance Banking Fund aims to generate continuous returns by actively investing in equity / equity related or fixed income securities of banks.
Structure : Open-ended Income Scheme
Inception Date : May 22, 2003
Plans and Options under the Plan : Growth, Bonus, Dividend.
Face Value (Rs/Unit): Rs. 10
Minimum Investment : Rs.5000
Entry Load : For Subscription below Rs. 2 crores - 2.25%. For subscription of Rs. 2 crores & above and below Rs. 5 crores - 1.25%. For Subscription of Rs 5 crores & above - Nil
Exit Load : Nil
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